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MicroStrategy now holds 190,000 bitcoin
MicroStrategy bought 850 more bitcoin in January
Blockworks·2024/02/06 23:40
SEC delays Invesco Galaxy spot ETH ETF, but May decisions are still expected
The agency previously delayed BlackRock, Fidelity, and Grayscale proposals.
Crypto Slate·2024/02/06 23:30

SEC pushes back timeline for decision on the Invesco Galaxy Ethereum ETF
Quick Take The agency previously delayed a decision on what to do next for the Ethereum ETF in December.
The Block·2024/02/06 23:20
MicroStrategy Now Holds 190,000 Bitcoin After January Purchase
MicroStrategy reached an even 190,000 BTC in January after a $37.2 million purchase.
Cryptopotato·2024/02/06 22:46
Streak Over: These Bitcoin Spot ETFs See First Day With Zero Inflows
Inflows now only remain consistent for the top two newly launched Bitcoin spot Bitcoin ETFs.
Cryptopotato·2024/02/06 22:46

Solana’s DeFi users mostly unbothered by network outage
Solana’s price increased Tuesday despite the network experiencing its first outage in nearly a year
Blockworks·2024/02/06 21:58
Ethereum’s short-term price action ‘may take traders by surprise’ — Here’s why
Cointelegraph·2024/02/06 21:44

SEC institutes proceedings on Invesco Galaxy spot Ether ETF, pushing deadline
Cointelegraph·2024/02/06 21:38
DCG Slams Genesis’ Bankruptcy Plan as ‘Act of Bad Faith’
DCG said that it cannot support a plan that is “unlawful” and “deprives” the company of its “corporate governance rights.”
Cryptopotato·2024/02/06 21:01
US Treasury Secretary calls for federal regulator to oversee stablecoins
Cointelegraph·2024/02/06 20:31
Flash
14:20
Federal Reserve Microphone: CPI Lays Groundwork for Fed Hawkish Pivot, Policy Debate Extends to "Whether Rate Hikes Should Be Back on the Table"BlockBeats News, June 10th. Nick Timiraos, a reporter from
The Wall Street Journal
known as the "Fed Whisperer," pointed out in an article that the May CPI report did not provide a clear answer to the Fed's policy path. Although core inflation appeared moderate, this one-month improvement was overshadowed by higher overall inflation readings and a more robust demand backdrop. Providing a reason for a rate hike pause requires a series of consecutive cooling data points, not just one bright spot this month. More critically, the forces propelling prices have undergone a transformation: it is no longer a simple tariff issue but a combination of energy shocks, capital expenditure demand from the AI construction boom, and the wealth effect. The overlapping of these three factors allows businesses to continue passing on costs to consumers. This composite pressure is much harder to ignore than tariff shocks.
Looking ahead to next week's FOMC meeting, chaired for the first time by newly appointed Fed Chair Powell, Timiraos believes that the May CPI report has kept the Fed's recent hawkish turn intact. While it did not force them to become more hawkish today, the policy debate range has shifted from "maintaining rates for longer" to "whether to put rate hikes back on the table." This narrative was unthinkable when the market was still pricing in rate cuts at the beginning of the year. The Fed's threshold for patience has significantly increased, and one month of moderate data is not enough to change course.
14:18
Nasdaq 100 Index Turns Positive On June 10, U.S. inflation data met expectations, leading to a rebound in major U.S. stock indices. The Nasdaq, S&P 500, and Dow Jones all saw their declines narrow to 0.3%, with the Nasdaq 100 Index turning positive after previously dropping over 1%.
13:51
「White-Haired Stock God」 Evaluates Optical Concept Stocks' Rebound: Previous Market Sell-off Was FoolishBlockBeats News, June 10th, "White-Haired Stock God" Serenity commented on the US stock market's pre-market session, highlighting the optical communication sector turning red, with AAOI and AXTI surging. Serenity expressed satisfaction with the slight rebound of optical concept stocks, from LITE to AAOI and SIVE. The previous market sell-off was simply a foolish act.
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